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Oct 2, 2012
10/12
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WMAR
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romney appears to have an edge on the top two economic issueses unemployment, and the budget deficit. for obama he holds the advantage on domestic issues, education, medicare, taxes, immigration and health care. these noneconomic issues are the first topics up for debate wednesday night. voters will be judging the candidates personal qualities. obama's favoritability rating
romney appears to have an edge on the top two economic issueses unemployment, and the budget deficit. for obama he holds the advantage on domestic issues, education, medicare, taxes, immigration and health care. these noneconomic issues are the first topics up for debate wednesday night. voters will be judging the candidates personal qualities. obama's favoritability rating
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Oct 3, 2012
10/12
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MSNBCW
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mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of different details of that proposal but i would also say that limiting deductions to $17,000 for middle-class families still results in a tax increase. even in just the health premium deduction, for families last year, were about $15,000. there you go. what happens to the mortgage deduction, charitable deduction, child deduction. he's raising taxes on middle class families. >> if this comes up and mitt romney starts to do that math that paul ryan wouldn't do, i'm sure this will be a topic of discussion. >> how worried are you about the jobs report on friday? >> we face this ev
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of...
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Oct 3, 2012
10/12
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spain's overall deficit is expected to be well above the european union target. germany prospered largest insurance company has gone public. >> is the highest initial public offering late germany in about one-and-a-half years. the chief executive officer has run in a new era for the company. they have made over half a billion euros. he says the money will be used for consolidation and he is not planning any new acquisitions in the next two years. that ipo could be a hopeful sign for shares in the coming months. our markets correspondent has more from frankfurt. >> the ipo is a sign of hope for many traders. they are hoping for more ipos to come. 20% of the german mobile phone operator will soon be sold on the stock market according to its parent company. of the ipo process is planned to start as early as this week. all of this is good news for people in the trading floors because ipos only work when there is a certain not of confidence on the markets. a certain amount of reliability. with all of these new players on the stock market, many people here are hoping f
spain's overall deficit is expected to be well above the european union target. germany prospered largest insurance company has gone public. >> is the highest initial public offering late germany in about one-and-a-half years. the chief executive officer has run in a new era for the company. they have made over half a billion euros. he says the money will be used for consolidation and he is not planning any new acquisitions in the next two years. that ipo could be a hopeful sign for...
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Sep 26, 2012
09/12
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CSPAN2
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we need to take the deficit seriously, bring the deficit down so companies can grow. bass: the politics of envy is a sad chapter in politics and i would only suggest as i have said earlier and earlier, bring it to the table. if president obama and ann kuster's idea of reducing the deficit and raising taxes on corporations and individuals with incomes of $200,000 a year bring them to the table. i will consider it. show me where you will find the $4 trillion to get the budget balanced in the next ten years. kuster: with $1 trillion in new tax breaks. >> moderator: i want to move to our final segment. that is all the time we have. we will return for a few final questions. each of you will have one minute. if there is a follow-up question, 30 seconds and for the first round -- that last round. >> do you think any changes in federal immigration laws are needed to benefit the business community? kuster: what i have heard in terms of immigration are high end technical employees that they would like to bring to new hampshire as well as in the agricultural sector there is an i
we need to take the deficit seriously, bring the deficit down so companies can grow. bass: the politics of envy is a sad chapter in politics and i would only suggest as i have said earlier and earlier, bring it to the table. if president obama and ann kuster's idea of reducing the deficit and raising taxes on corporations and individuals with incomes of $200,000 a year bring them to the table. i will consider it. show me where you will find the $4 trillion to get the budget balanced in the next...
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Oct 1, 2012
10/12
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why do we have a deficit? we have a deficit because of the bushmen in their tax cuts, -- bush millionaires' tax cuts, because they are not paying their fair share of taxes. mitt romney is paying 14% of his income. i do not care how much mr. plummer made, but it is how much he paid. if mitt romney paid 14%, mr. plummer want to go to congress and he wants to write tax policy. don't you think it is fair that he discloses what his tax returns are? [applause] center brady, his running mate, in his failed bid to become lieutenant governor, released his tax returns. he did not pay any federal income tax for two years. what is it that mr. plummer has not paid? >> mr. palmer? >> i will answer the question. if you look and what is happening right now in the united states, if you look at what is happening, you have politicians of both polos -- part is not being honest with the voters. the bush tax cuts -- i will call of the obama tax cuts because they supported the extension. we have a tax code that is more than 72,000 p
why do we have a deficit? we have a deficit because of the bushmen in their tax cuts, -- bush millionaires' tax cuts, because they are not paying their fair share of taxes. mitt romney is paying 14% of his income. i do not care how much mr. plummer made, but it is how much he paid. if mitt romney paid 14%, mr. plummer want to go to congress and he wants to write tax policy. don't you think it is fair that he discloses what his tax returns are? [applause] center brady, his running mate, in his...
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Oct 1, 2012
10/12
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MSNBC
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mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because they'll pay the burden if he is elected because the hole is just too big. and it will be interesting on wednesday. if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama here on "meet the press" before election day? >> well, there's 37 days left, so we'll stay in contact about it. >> all right. we hope to see him here. mr. plouffe, thank you. >> thank you, david. >>> coming up, what are the stakes for both campaigns? the roundtable will get into it. founder of
mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because...
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Oct 1, 2012
10/12
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FOXNEWSW
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europe rallying from a 10-6 deficit to match the largest come back in the event's history. sinking the 14 st. and deciding -- the deciding point at the 18th hole. the mad dash for william mac ill roy who needed a police motorcade because he arrived 11 minutes before tee time. he forgot ill sinl tral time and not eastern time. >> he thought he was going to have enough time to warm-up. didn't have enough time to warm-up. >> that is stressful. >> that is the only thing on my tv. >> it is now 40 minutes past the hour. arnold schwarzenegger opens up for the first time about that affair. listen to this. >> she then says, hey, i think that joseph is your kid, and am i off here on this or not? >> more on that moment his wife maria schriver confronted him about his love child. >> it's the last chance to whens the question of the day amid the recent spike of insider attacks. >> let's span the globe to see what headlines are happening overseas. take a look at this. strong winds from a typhoon picking up a car sending it flying across the parking lot. wow. the video shot by a u.s. mari
europe rallying from a 10-6 deficit to match the largest come back in the event's history. sinking the 14 st. and deciding -- the deciding point at the 18th hole. the mad dash for william mac ill roy who needed a police motorcade because he arrived 11 minutes before tee time. he forgot ill sinl tral time and not eastern time. >> he thought he was going to have enough time to warm-up. didn't have enough time to warm-up. >> that is stressful. >> that is the only thing on my tv....
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Oct 2, 2012
10/12
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KTVU
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a bipartisan group of centers is working on a plan to put off cuts while addressing the deficit. lawmakers say no action will be taken until after november. >>> time now 5:04, the national pole is out, showing the race for the white house is still very close. according to a "c" nbc survey -- a cnn survey say they favor obama when it comes to the presidential nominee. mitt romney appeared to have an edge among likely voters. president barack obama appears to have an advantage when it comes to taxes, healthcare and foreign policy. now another pole shows the steaks are high when it comes to women voters. we will take you live to washington d.c. and we will hear how president barack obama and mitt romney are getting ready for tomorrow night's big bee bait. >>> allie rasmus joins us from outside the oakland coliseum with the celebration that followed the clencher, good morning allie. >> reporter: the team is headed to the playoffs, last night they secured one of the two wildcard spots in the american league west. with that the oakland a's beat the texas rangers and they had their hats
a bipartisan group of centers is working on a plan to put off cuts while addressing the deficit. lawmakers say no action will be taken until after november. >>> time now 5:04, the national pole is out, showing the race for the white house is still very close. according to a "c" nbc survey -- a cnn survey say they favor obama when it comes to the presidential nominee. mitt romney appeared to have an edge among likely voters. president barack obama appears to have an advantage...
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Sep 26, 2012
09/12
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. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we took emergency actions. that accounts for 10% of this increase in the deficit. >> now the economy is front and center one week from tonight at the first presidential debate. two days later the president gets a september jobs report. interesting a moment ago he told the crowd he wants to export more jobs. quickly correcting himself and said he wants to export more products and joked i was channeling my opponent there. bret? >> bret: standing next to carl are you? it looks like carl's backdrop. ed henry -- >> very similar. >> bret: thank you very much. now to the international news. close circuit video o
. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we...
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Sep 26, 2012
09/12
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is going to bring the deficit down. of course he did not. he doubled it. he said we would get more people working. his plan is another stimulus. how did that first one to go? how about a hundred billion dollars? how much of that did you get? clunkers. he has won a new idea. one thing he did not do. he said he will do in the next four years. he said he will raise taxes. for anyone -- does anyone think raising taxes will help the economy? >> an el. >> the status quo has not worked. we cannot afford four more years of barack obama. his plan and his approach says, fundamentally, the government knows better than you, how to live your life, how to pick winners and losers. how to pick products that have a future. that a group of bureaucrats, of a real smart people working hard, good people at work in washington, but he has the few that somehow know better. so he is going to put them in the most important or one of the most important relationships that you have, the one between you and your doctor. he is going to put government between their if he has his way. he
is going to bring the deficit down. of course he did not. he doubled it. he said we would get more people working. his plan is another stimulus. how did that first one to go? how about a hundred billion dollars? how much of that did you get? clunkers. he has won a new idea. one thing he did not do. he said he will do in the next four years. he said he will raise taxes. for anyone -- does anyone think raising taxes will help the economy? >> an el. >> the status quo has not worked. we...
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Sep 25, 2012
09/12
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i believe we can lower the deficit and debt, but we will not do it, we should not do it, we cannot do it at the expense of the important programs for seniors. >> welcome, everybody. thank you for coming out today. i want to give a big thanks to the missouri press association and giving me a chance to introduce myself to the misery and people. like many of you, i am tired of the constant fighting of republicans and democrats. beating the other team has become more informed than finding solutions to american's problems. america is on the verge of a financial collapse, and both parties are to blame with the reckless borrow, taxes and spend parties. for as long as i can remember, and most of you as well, republican and democrat politicians have offered up solutions, but america's problems have only gotten worse. higher and higher taxes. more intrusions in your business and personal life. enough is enough. i will stand up for your personal freedom. i will stand up for marriage equality, legalization of marijuana. i am fiscally responsible. i want the government to be a good steward of your
i believe we can lower the deficit and debt, but we will not do it, we should not do it, we cannot do it at the expense of the important programs for seniors. >> welcome, everybody. thank you for coming out today. i want to give a big thanks to the missouri press association and giving me a chance to introduce myself to the misery and people. like many of you, i am tired of the constant fighting of republicans and democrats. beating the other team has become more informed than finding...
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Sep 30, 2012
09/12
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CNN
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so as a deficit, romney has a plan but it's a secret. the republican party has imposed a new kind of political correctness on their leaders. they cannot speak certain words, taxes, speculate about certain ideas, a path to citizenship, because these are forbidden. romney has tried to run a campaign while not running afoul of his party's strictures. as for himself he's twisted himself into a pretzel, spoken vacuously. that's a straightjacket even peggy noonan's eloquence can't get him out of this. for more on this, read my "washington post" column this week on cnn.com. >>> for eight years mahmoud ahmadinejad has come to the u.n. general assembly and every time he's caused controversy, making accusations. veiled threats. this year was different. it was mostly platitudes about world peace but he had plenty of sharp comments in a series of interviews. his conversation with me was his final one. perhaps his final one on the world stage. you see, iran's election law says he can't run again and elections are set for 2013. so i asked him about is
so as a deficit, romney has a plan but it's a secret. the republican party has imposed a new kind of political correctness on their leaders. they cannot speak certain words, taxes, speculate about certain ideas, a path to citizenship, because these are forbidden. romney has tried to run a campaign while not running afoul of his party's strictures. as for himself he's twisted himself into a pretzel, spoken vacuously. that's a straightjacket even peggy noonan's eloquence can't get him out of...
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Oct 1, 2012
10/12
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seems, was that the media is pushing mitt romney and paul ryan for specifics on their budget plan, on deficit reduction, but i believe it was haley barbour and others that say the president is not being held to that same standard, the example they bring up is that the president says 1 million jobs -- mitt romney said 12 million and he has not explained but nevertheless, they see this is not equal treatment. when the president is on stage domestic policy, will he be under more fire to talk about the direction of the country because the responsibility and the onus right now is on him being the incumbent? >> i mean, absolutely. here's the reality. if you look at this in terms of, you know, what i think is going to end up happening in this debate, both candidates are going to force -- are going to be forced to answer the gaps if you will. i think the difference is, romney's gaps are the size of the grand canyon. the president i think has laid out pretty clear specific agenda in terms of where he wants to go. plus he has a record that he can go back to. he has a record he has to defend. but romney
seems, was that the media is pushing mitt romney and paul ryan for specifics on their budget plan, on deficit reduction, but i believe it was haley barbour and others that say the president is not being held to that same standard, the example they bring up is that the president says 1 million jobs -- mitt romney said 12 million and he has not explained but nevertheless, they see this is not equal treatment. when the president is on stage domestic policy, will he be under more fire to talk about...
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Sep 30, 2012
09/12
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MSNBC
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mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too big. so if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama on "meet the press" before election day? >> there's 37 days left. so we'll stay in contact about it. >>> coming up, we talk more about the first debate. what are the stakes for both campaigns. the round table will get into it founder of the faith and freedom coalition, ralph reed, former democratic pennsylvania governor, ed rendell. the bbc's catty kay and nbc's chuck todd. here's what happened... i w
mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too...
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Sep 30, 2012
09/12
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WRC
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we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look at what happened a couple weeks ago in chicago. you have a democratic mayor, rahm emanuel, who is facing a $300 million deficit in the city, who is looking at 80% of the children in the city not operating on grade level in reading or mathematics. where they had the shortest school day and school year of anywhere in the country, and he's finally, uplike many democratic politicians, said enough is enough. i'm not going to give you these raises without-- what the union wanted was lifetime job security and absolutely no accountability. so he said we can't-- we can't continue on that track. and i think for him
we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i think that in education, you are already starting to see a shift. if you look...
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Sep 28, 2012
09/12
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those who believe we want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place wednesday night in denver. >>> president obama will stay here in the district today. he has three campaign events scheduled in d.c. the president also campaigned yesterday in virginia. he was 200 miles from romney in virginia beach. >>> the nfl referees are back on the job. the regular refs received a standing ovation when we took the field before last night's ravens-bengals game in baltimore. the honeymoon was short-lived, as you might imagine. the crowd quickly booed when the hometown ravens were called for an unsportsmanlike penalty. this was the first game since the nfl and players union reached a tentative agreement on a new labor contract. nfl commissioner roger goodell apologized to fans for the lockout. >> we're sorry to bring our fans through that, sorry to bring the general public thro
those who believe we want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place wednesday night in denver. >>> president obama will stay here in the district today. he has three campaign events scheduled in d.c. the president also campaigned yesterday in virginia. he...
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Sep 28, 2012
09/12
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five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >> right. >> i think now it's much clearer to people that these two things are related but they are quite separate and there are moments when balancing the budget or cutting spending on things like schools and public safety can actually make unemployment worse. i think something else important has happened, which is the health care law was very unpopular on election day back then. the health care law is gaining ground. and they were demobilized, the democrats last time. they are not demobilized this time. >> they were strutting around, the
five was the budget deficit. so no one's minimizing the importance of the deficit but there really is not a program that deals with the other four and they are using extreme measures and cutting up various entitlements and americans that want to deal with the deficit. >> i think what happened in 2010 and democrats in a way allowed this to happen is that the republicans succeeded in making the deficit a central issue and a stand in for people's economic worries across the board. >>...
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Oct 2, 2012
10/12
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it not only increased the deficit but added $3 billion to the national debt and the budget doesn't balance for 28 years. we talked a lot with the tea party people. they've been in -- talked to us. they're wanting us to come for a debate with mr. cantor. we're trying to work that out now. but, let's face it, there is 15% to 25% that we're not going to agree with with the tea party on social issue. but there are in virginia sensible members of the tea party who say to us, we agree with you on 75%. >> well, that's -- that's -- >> a lot of that is -- >> that's very interesting. we have to leave it there. mudcat saunders. i'm sure we'll be watching this race very carefully there in virginia. thanks for your time. >>> a big win for the fight for voting rights today. why nobody can take that right away. that's next. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information... ♪ into a fifth anniversar
it not only increased the deficit but added $3 billion to the national debt and the budget doesn't balance for 28 years. we talked a lot with the tea party people. they've been in -- talked to us. they're wanting us to come for a debate with mr. cantor. we're trying to work that out now. but, let's face it, there is 15% to 25% that we're not going to agree with with the tea party on social issue. but there are in virginia sensible members of the tea party who say to us, we agree with you on...
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Sep 26, 2012
09/12
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CSPAN2
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we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this round. we begin with you. >> do you think any changes are needed to benefit new hampshire's business community? >> what i have heard about mostly from the business community in terms of integration are the high-end technical employees that they would like to be able to talk about going to new hampshire. as well as, on the art or cultural sector, another is an issue about bringing in part-time work on the road in hopkinton, and i know we need to bring people in. but in general, i have not heard any immigration issues in new hampshire. i thi
we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this...
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is still part of cope with its own deficit struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually earlier this month or so about a million people onto the streets in barcelona is a call for independence away from madrid because a very tough time for spain as a whole particularly for the government of prime minister rudd hordes as one m.p.'s dubbed it is a crisis on top of a crisis as they're facing their own problems of deficit reduction and people coming out to the streets in their tens of thousands to protest against how the government is handling austerity measures. we've just seen this week protests turned violent the occupy congress movement which started peacefully aim to get a message of and just terribly through choice piece and ended in violence of police pushing back the protesters with a big hit by battens having robots their direction and it's also about sixty people were injured in proceedings about thirty people being detained as a worrying sign for so
is still part of cope with its own deficit struggling to reduce that deficit in catalonia about forty billion euros but here they say they've made deeper and tougher cuts than anywhere else in spain this issue actually earlier this month or so about a million people onto the streets in barcelona is a call for independence away from madrid because a very tough time for spain as a whole particularly for the government of prime minister rudd hordes as one m.p.'s dubbed it is a crisis on top of a...
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debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass slowing down money we'll hear from blogger author and radio host karl denninger of the markets are on that and while the budget plans the presidential candidates may not add up we already know the lack of government planning has the u.s. poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff. but daunting name and the right side what exactly does this entailed one break down the potential damage and word of a day and give you a glaring example of the wasteful costs of political uncertainty all ready documented plus we have a potpourri of manufacturing data out some points to opposite directions for the u.s. and of fluid it points to negative. outcomes in europe are gas will help us make sense of these ingredients and tell us why he thinks the u.s. recession is already baked into the cake let's get to today's capital account. so income obama and. mitt romney are getting ready to face off in t
debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass slowing down money we'll hear from blogger author and radio host karl denninger of the markets are on that and while the budget plans the presidential candidates may not add up we already know the lack of government planning has the u.s. poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff. but...
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Sep 30, 2012
09/12
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deficit. people are working harder for less money than they were making 10 years ago, 2/3 of our people -- a $1,600 drop in average income in just the last two years. the problem i have with the perot prescription is that almost all economists who've looked at it say that if you cut the deficit this much this quick it will increase unemployment, it will slow down the economy. that's why i think we shouldn't do it that quickly. we have a disciplined reduction in the deficit of 50 % over the next four years, but first get incentives to invest in this economy, put the american people back to work. we've got to invest and grow. 9 nobel prize-winning economists and 500 others, including numerous republican and democratic business executives, have endorsed this approach because it offers the best hope to put america back to work and get our incomes rising instead of falling. >> president bush, one minute, sir. >> your question was on fairness. i just disagree with mr. perot. i don't believe it is fa
deficit. people are working harder for less money than they were making 10 years ago, 2/3 of our people -- a $1,600 drop in average income in just the last two years. the problem i have with the perot prescription is that almost all economists who've looked at it say that if you cut the deficit this much this quick it will increase unemployment, it will slow down the economy. that's why i think we shouldn't do it that quickly. we have a disciplined reduction in the deficit of 50 % over the next...
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Sep 25, 2012
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dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by reducing spend reforming entitlements over the long term. taxing the rich will make barely any difference . it is a political slogan. >> steve: right now the president wants to get reelected so he has the key to air force one. >> he thinks that if you tax the rich that brings in votes. >> steve: we are talking about increasing the taxes on the rich. what people forget about. taxes for everyone are scheduled to go up next year. >> yes, they will. >> steve: everybody is going to get whacked. >> if you made a list of all of the ta
dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by...
WHUT (Howard University Television)
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Sep 28, 2012
09/12
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the aim is to reduce the fiscal deficit by $39 billion. this will be achieved through an increase in the value-added tax rate introduced early this month. and a new tax on lottery winners. with the new budget the government aims to cut the deficit to 4.5% of the gross domestic product in 2013. it aims to lower the rate to less than 3% in 2014 to fulfill its pledge to the european union. but observers say the government may face difficulties to achieve its reduction target this year. they cite sluggish growth in tax revenue due to deteriorating economy that is worse than many analysts had expected. >>> the world's auto makers unveiled their next generation eco-friendly concept cars at the paris motor show. the exhibition opened to the media on thursday, over 270 companies are taking part this year. germany's porsche and bmw debuted concept cars with eco friendly features. models include plug-in hybrids charged from household power out lets. nissan revealed the concept car, powered by fuel cells. the terra comes with a tablet device that ser
the aim is to reduce the fiscal deficit by $39 billion. this will be achieved through an increase in the value-added tax rate introduced early this month. and a new tax on lottery winners. with the new budget the government aims to cut the deficit to 4.5% of the gross domestic product in 2013. it aims to lower the rate to less than 3% in 2014 to fulfill its pledge to the european union. but observers say the government may face difficulties to achieve its reduction target this year. they cite...
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Oct 3, 2012
10/12
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i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, a two-door 0.3 trillion -- 2.3 doris trillion -- >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of us. i do not believe we should raise taxes. i do not think the problem is that americans are not taxed enough. mr. sadler has been very candid that he would consider raising taxes on every single tax and who pays income tax is. >> that is not fair. >> if you would consider allowing all of the bush tax cuts to expire, that would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce
i think is liberal to cut taxes when you are operating a deficit, because you are spending money. >> i do not think your labels mean a lot. what i have said from the beginning -- the centerpiece of our problems is the national debt. we simply have to look at this. whether we do it this year because of the way our economy is or next year, a two-door 0.3 trillion -- 2.3 doris trillion -- >> i want you to respond to this. >> i'm glad there is a clear contrast between the two of...
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Oct 1, 2012
10/12
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romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well, but based on what has happened the last couple of weeks, i guess governor romney and his team think we have an opportunity here, why not seize it? >>guest: absolutely. we saw the op-ed today from romney. that's a point of weakness for obama at this point. so the romney campaign will go after that. foreign policy will be a big issue with only a little over a month to go. >>shepard: thank you, great to see you. >> administration folks are trying to figure out how the deadly attacks in benghazi occurred. a suicide bombing in afghanistan pushes the american casualty count beyond a g
romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well,...
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Sep 26, 2012
09/12
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the federal deficit went up $16,000 every second george allen was a united states senator. voted to raise the debt ceiling four times, voted to raisehis own salary four times. now he's talking like the fiscal conservative, but his record as a senator says we can't afford to let him have another crack at it. with respect to the particular or question on the deductions, again, i think the right strategy is going to be some aggregated examines of deductions rather than trying to fight the entrenched interests on issue to issue. and you could have the amount or percentage of deductions vary by income, you could do it in this a way that the tax code set up already. but i think that's probably the most likely path -- >> moderator: all right, we're out of time on that answer. allen: may i have some time to rebut? >> moderator: sorry, not according to your rules. i'm following the time that you both agreed to, otherwise i would because i always like more rather than less. let me go to eric gill crest of news 4. >> moderator: virginians are divided on whether they want the affordabl
the federal deficit went up $16,000 every second george allen was a united states senator. voted to raise the debt ceiling four times, voted to raisehis own salary four times. now he's talking like the fiscal conservative, but his record as a senator says we can't afford to let him have another crack at it. with respect to the particular or question on the deductions, again, i think the right strategy is going to be some aggregated examines of deductions rather than trying to fight the...
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Sep 25, 2012
09/12
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percent of the americans not paying federal income taxes little decision has been given about debt and deficits of 58 million americans collecting more benefits than they pay in taxes. >> it disconnecting people of the cost of government and they will have a much bigger appetite for government spending as more and more americans don't pay taxes there's less resistance to programs that take money from everybody else. >> close to half don't pay federal income taxes some are retired elderly collecting social security and medicare the study excluded them. even without them the number of nontaxpayers risen from 21 percent in 1990 42 percent toda. government spending has grown to pace. >> the gobbling of the nonpayer rate associated with more than 200 billion about 213 billion in entitlement spending today. it is a big chunk of change a big part of the federal budget. >> 213 billion a year over 20-years the study found the number of nonpayers has increased the debt to gdp ratio by 14 points. those who don't pay federal income taxes pay other taxes. he and both parties expanded tax breaks for the work
percent of the americans not paying federal income taxes little decision has been given about debt and deficits of 58 million americans collecting more benefits than they pay in taxes. >> it disconnecting people of the cost of government and they will have a much bigger appetite for government spending as more and more americans don't pay taxes there's less resistance to programs that take money from everybody else. >> close to half don't pay federal income taxes some are retired...
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Oct 3, 2012
10/12
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not about deficit reduction. it is all about tax cuts, but more than any of that, it is about a political philosophy. let's turn over medicare to the private sector. that takes us back before 1965 when the issues at stake, the inability of seniors to afford health care and the inability of their family to provide cost of health care, that is not the direction. not the direction that we need to go in with medicare. it does not need to be privatized. we are not going to let it happen. i would like to introduce now my cochair, congressman george miller. >> thank you very much. i want to thank everyone for attending this morning. the information conveyed by the personal witnesses and by the experts was simply a devastating message to current retirees on the thousands of dollars that they will now have to come up with as they continue to use medicare in the future. a program that they pay their entire working life for in order to have those benefits. the romney-ryan budget now changes that contract and they will not b
not about deficit reduction. it is all about tax cuts, but more than any of that, it is about a political philosophy. let's turn over medicare to the private sector. that takes us back before 1965 when the issues at stake, the inability of seniors to afford health care and the inability of their family to provide cost of health care, that is not the direction. not the direction that we need to go in with medicare. it does not need to be privatized. we are not going to let it happen. i would...
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Sep 28, 2012
09/12
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going on the deficit. >> yes 10 trillion . i don't know how we are going to pay for this . inheritance and his successor is going it inherit a problem. >> gretchen: this is before obama care? >> thos a great point. we had massive stimulus and everything and category of spending going up yet, the big bills of obama care comes later and hasn't showed up yet. and even the democrats who run the congressional budget office said that will cost 1.7 tril yen if a decade. >> gretchen: coming up next. tragedy trikes in hollywood. katie perry exboyfriend now dead after murdering his land lady and dying misterously. >> writing a letter and you will not believe what got him in return. ♪ note ♪ i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory
going on the deficit. >> yes 10 trillion . i don't know how we are going to pay for this . inheritance and his successor is going it inherit a problem. >> gretchen: this is before obama care? >> thos a great point. we had massive stimulus and everything and category of spending going up yet, the big bills of obama care comes later and hasn't showed up yet. and even the democrats who run the congressional budget office said that will cost 1.7 tril yen if a decade. >>...